Well, you said this was a dangerous plan. The biggest danger is that you have to go back to work.
If you continually only withdraw 4% of your nest egg (reducing your absolute withdrawal during market drops), then make up the difference if you need to in order to cover current expenses, then you'd be just fine.
If you continually only withdraw 4% of your nest egg (reducing your absolute withdrawal during market drops), then make up the difference if you need to in order to cover current expenses, then you'd be just fine.